Page 34 - MWC 10-5-2023s

MARKET REPORT
ESTABLISH The Midwest Cattleman · October 5, 2023 · P34
continued from page 33 breeding at a little older needs (body condition scores). ately is important to every-
Feeder Cattle Daily
Live Cattle than one year of age, re- Traditionally, the herd is one in the cattle industry. To
parasites than adult cattle, placement heifers should re- evaluated at the time of calf evaluate the best available
therefore cattle less than two ceive high quality forages or weaning to identify the num- products and procedures, the
years of age deserve special supplements in order to en- ber of calves weaned per cow herd veterinarian and pro-
attention. sure that they gain enough exposed for breeding, the per- ducer should routinely meet
4. Establish a pro- weight to reach 60-65% of centage of the cow herd that to update disease prevention
gram to optimize the their mature weight prior to became pregnant in a con- and control strategies.
use of performance-pro- the start of their first breed- trolled breeding season, and While specific herd health
moting products such as ing season. Heifers should be the body condition of cows plans will vary between
growth-promoting implants bred to calve a little ahead that completed lactation on ranches, all producers should
and ionophores in growing of the mature cow herd to the available forage. This is start by ensuring that their
cattle. Ionophores create an allow them to receive extra also an ideal time to closely plan meets the seven goals
environment in the rumen attention during calving observe cows for problems listed above. By working
that favors the growth of mi- and because first calf heifers such as cancer eye, mastitis with your veterinarian to
crobes that more efficiently take longer to resume fer- or other udder or teat prob- meet these goals, the costs of
convert forages and grains tile cycles after calving than lems, foot or hoof problems, disease and production loss
into energy. These products mature cows. Heifers should or any signs of disease. can be minimized, and ani-
Live Cattle: My thoughts center around this market stabilizing now. I’ve been
Feeder Cattle: All you have to do is look at the corn market for a reason for the
7.
disease mal welfare enhanced.
Establish
also inhibit the parasites be bred to bulls with EPDs pull-back in feeders. If I owned a feedlot I’d be nervous to say the least. I do feel
placing a bullish tilt to this market for some time now. I may need to temporarily
that cause coccidiosis. indicating calving ease and treatment protocols for
the feeder market has overdone it to the downside and it will be tough to break it
place this on “hold” for a while. The higher placements the last three months will
5. Establish a program they may need supplementa- the herd as well as proper in-
have a negative impact on prices yet, so like they say, “All good things come to those further. The early corn harvest has most feeder buyers in the field and I don’t think
to minimize calving dif- tion during parts of the year they’ve really had time to concentrate on buying feeders. Let’em get caught up a
who wait”. I see production numbers staying over last years’ levels until at the jection sites, injection routes
ficulty in first-calf heifers in order to reach a target of little and they’ll head to town.....checkbooks in hand....bulging with “corn” money.
least the end of the year. Beef shipments have been lagging last years’ levels now (sub-Q, intra-muscular, in-
by proper replacement heif- 85% of their mature weight tra-venous, etc.), dosages,
for about a month. Two weeks ago they were 8% lower than last year. This weeks
This market will rally....wait and see.

report showed exports a whopping 56% lower than last year. This ain’t good. Low
er selection, nutrition, and at the time of calving. and any withdrawal times
imports and high exports have held this market up all summer. We’re starting to
sire selection. Replacements 6. Establish a method to to be observed. The privilege
lose some of that. I just can’t pull the trigger yet on long term bullish hopes.
should be selected from heif- evaluate the herd’s per- and responsibility to use an-
ers born in the first 40 days formance (records) in the tibiotics, vaccines, deworm-
estrous
of the calving season to ex- areas of: pregnancy rates, ers, insecticides, Trading commodity futures involves substantial risk of loss
and my not be suitable for all investors. The recommendations
cellent dams and desirable death loss, growth (wean- synchronization hormones,
Rich Nelson
express opinions of the author. The information they contain is
Allendale Inc.
sires. From weaning until ing weight) and nutritional and other products appropri-
obtained from sources believed reliable, but is in no way guaran-
Allendale Inc.
815-578-6161 teed. The author may have positions in the markets mentioned
including at times positions contrary to the advice quoted herein.
rnelson@allendale-inc.com Opinions, market data, and
recommendations are subject to change at any time.
PARAMOUNT
What Does this Report Mean to Me?
Q #1
What do you think the price of fats will be in April 2011
Elevate to a more valuable female.
Answer: It’s hard to see the forest for the trees here, but peering through the foliage I see $105.00 fats on the horizon for April. Demand is
For over a decade, Red Angus females have commanded
going to have to kick in though in order to get it.
more at auction than all other breeds, including Angus.
According to Superior Livestock data, Red
Q #2 Angus heifers brought nearly $17/cwt more –
Due to the recent break in feeders, would you be holding your fall-weaned
that equates to a $92/head premium
on a weaned replacement female.
calves for a while or letting them go?
Answer: What ever happened to the easy questions? This will depend upon your weaning sched-
To learn more about
industry-leading stayability,
ule and your available feed supply. I’m long term bullish the feeder market but the “reality” of
visit RedAngus.org
right now probably dictates letting them go. If you keep them for an extra 30 days, make sure you
minimize the grain in the ration. Grow them on good forage....”sell” $4.50 corn. If the fat market
stays sluggish and corn prices don’t moderate, about the only thing you’ve got to hang your hat on
for “higher feeders” is “Hope”.
November 6th
Auction
Lunch at 11:00 a.m.
Sale at 12:30
Sale Offering
16 - 2010 Heifer Calves Jan. - May
16 - Breeding Bulls 7 to 18 months RH Standard Lad 0313
16 - Spring Calving Bred Females Solid As A Rock Sire Group
16 - Spring Calving Black Females Reynolds Herefords
Bred to Hereford Bulls
8 - Fall Calving Pairs 1071 County Road 1231
6 - Show Steer Prospects
Both Horned & Polled Offered Huntsville, MO 65259
573-641-5270 November 5, 2010 Sale offerings on Home: 660-277-3679 • Matt: 660-676-3788
Display 3:00 P.M.
CHB Dinner at 6:00 P.M. • Barb: 660-676-4788
Call or E-Mail for Catalog Email: reynoldscattle@cvalley.net